Amdocs (DOX) Corporate presentation summary

Company overview and market position

• Serves over 400 clients in approximately 90 countries, including major telcos and media companies.

• Platforms impact 3.1 billion people and process over 170 billion events billed daily.

• Holds over 900 patents granted or pending, with a tech-led business model and high managed services renewal rates.

• Recurring revenue accounts for 75% of total, with a 100% managed services renewal rate.

• Addressable market estimated at $60 billion, with significant room for long-term growth.

Strategic direction and innovation

• Focused on the Agentic Telco Operating System (aOS) to drive transformation and simplify complexity for customers.

• Expanding into new verticals beyond telco, targeting high-volume, mission-critical, and regulated industries.

• Investing in emerging growth horizons driven by generative AI and technological innovation.

• Internal transformation to become an agentic-first organization, implementing agentic capabilities across all operations.

• Recent 10-year strategic engagement with Liberty Latin America to transform and manage its entire IT domain.

Financial performance and outlook

• Q3 FY2026 revenue was $1,175 million, up 2.7% YoY, with a non-GAAP operating margin of 21.6%.

• Managed services revenue reached a record $791 million, representing 67% of total revenue.

• Free cash flow before restructuring payments was $193 million in Q3 2026.

• FY2026 revenue growth outlook tightened to 2.6%-3.4% YoY in constant currency, with a $710-$730 million free cash flow target.

• Non-GAAP EPS growth outlook for FY2026 is 5.5%-6.5%, with a 21.3%-21.9% non-GAAP operating margin.